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Construction of new Phnom Penh airport on schedule

Construction of a new airport that will serve Phnom Penh is on track and could be completed as early as 2023, the developer said.Pung...

Material costs and inflation bring the EU construction sector to its knees

Too many costs, rising inflation and inadequate government intervention are scarring the Eurozone construction sector.December marks the eighth consecutive month of contraction in the...

Global construction sector to grow 35% to 2030 on urbanisation, softer pandemic impact

The petrochemicals-intensive construction sector is expected to continue expanding as relentless urbanisation in China and other developing economies fuels above-than-average growth.Analysts at Oxford Economics...

Construction grows at an “accelerated pace” in Saudi Arabia

Over the last decade, Saudi Arabia has seen some of the largest scales of construction investment. This is in line with the kingdom’s economic...

Saudi Arabia’s construction pipeline for next 8 years is worth $2.1tn

Saudi Arabia’s construction sector has projects worth $2.1 trillion in the pipeline for the next eight years, according to a senior executive.Speaking on the...

Innovative “The Star”: High-Rise in Hollywood Combines Offices, Gardens, and Panoramic Views

Foster + Partners has unveiled their design for a one-billion-dollar "vertical creative office" on Sunset Boulevard in Hollywood.The project, named "The Star" and designed...

The Big 5 Construct Egypt to be held in June 2021 in Cairo

The Big 5 Construct Egypt, which is touted as the country's leading construction exhibition connecting the industry, will take place from 26 - 29...

Big 5 Construct Egypt 2023 to boost sustainable growth in $68.5bn market

Set to take place on 19-21 June, the event will focus on several product sectors needed to deliver Egypt’s ambitious development planThanks to the...

Saudi’s Public Investment Fund launches 5-year strategy

Saudi Arabia’s Public Investment Fund (PIF) has launched its five-year strategy, including its Vision Realisation Programme (VRP) 2021-2025.Following on its VRP 2018-2020, the strategy...

Vietnam: Resolution to improve construction investment

The Government of Vietnam has issued a resolution assigning major tasks for ministries and local authorities and asking them to identify solutions to obstacles...